Bill Gates, the founder of Microsoft, said in a recent interview with CNN that the U.S. tariff policy has created a great deal of uncertainty, which will have a huge impact on various industries. This uncertainty will lead to enterprises' inability to carry out normal investment activities.
Bill Gates said the U.S. creates a lot of uncertainty. "It's important to realize that if you're going to build a new factory, you need to know what the policies are going to be for the next 20 years, not just for the next two days or four years," he said. Bill Gates mentioned that the structure of the economy is now changing, especially in the era of artificial intelligence, where a lot of mental and physical labor has been replaced. "Injecting so much uncertainty into the present is, I think, quite inappropriate." He said today's tariff policies are neither recognized nor discussed in detail, and the impact on the pharmaceutical and electronics industries is still unknown. "I open the paper every day and wonder, so I do worry that this uncertainty will lead to the failure of the investment".
Bill Gates also believes that the U.S. technology blockade of China has had the exact opposite effect, not only failing to limit China's technological development, but also allowing China to achieve full-speed development in areas such as chip manufacturing.
"We've made the Chinese realize that they need to develop their own chips, and they've really made significant progress on that front," he said.
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